SOUTH FLORIDA PROGRESS FOUNDATION INC (EIN 596216592) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1968

Legal Domicile

Principal Officer

ALFRED SANCHEZ

Phone

3053507700

Tax Period

2023-07-01 to 2024-06-30

SOUTH FLORIDA PROGRESS FOUNDATION INC, founded in 1968, is a small nonprofit that reported $209K in total revenue in fiscal year 2023. Revenue fell 28% from the prior year — a significant decline worth monitoring.

Mission

THE FOUNDATION USES ITS RELATIONSHIP WITH SOUTH FLORIDA PROFESSIONALS, ENTREPRENEURS AND CIVIC LEADERS TO IDENTIFY TOP ISSUES, SET PRIORITIES, AND THEN DEVELOP SOLUTIONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $188,939

Program Service Revenue $0

Investment Income $21

Other Revenue $19,587

TOTAL REVENUE $208,547

Expense Breakdown

Grants Paid $5,990

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $171,355

Other Expenses $207,106

TOTAL EXPENSES $213,096

Year-over-Year Comparison

	2023	2022	Change
Revenue	$208,547	$290,020	-0.3%
Expenses	$213,096	$264,742	-0.2%
Net Income	$-4,549	$25,278	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$377,325

Total Directors

$377,325

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALFRED SANCHEZ	PRESIDENT	5.00	Officer Director	$0	$40,950	$377,325
ALBERT LOPEZ	TREASURER	5.00	Officer Director	$0	$0	$0
ASHAKI BRONSON-MARCELLUS	SECRETARY	5.00	Officer Director	$0	$0	$0
WILLIAM C DIAZ-ROUSSELOT	MEMBER	1.00	Director	$0	$0	$0
FELIPE BASULTO	MEMBER	1.00	Director	$0	$0	$0
DENNIS CORAL	MEMBER	5.00	Officer Director	$0	$0	$0
LUCY NUNEZ	VICE CHAIRMAN	5.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$208,547	$213,096	$157,537	$-4,549
2023	$290,020	$264,742	$221,603	$25,278
2022	$219,622	$202,811	$186,609	$16,811
2019	$311,284	$329,487	$151,557	$-18,203
2018	$221,749	$223,193	$94,579	$-1,444

SOUTH FLORIDA PROGRESS FOUNDATION INC